Factbox - Governments’ Efforts to Regulate AI Tools

Italy’s data protection agency said on Wednesday it would lift its temporary ban on OpenAI’s ChatGPT artificial intelligence (AI) technology if the U.S. company complied with data protection and privacy demands by end-April. Rapid advances in AI such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree on laws governing the use of the […]

Spain Asks EU Data Protection Board to Discuss OpenAI’s ChatGPT

Spain’s data protection agency has asked the European Union’s privacy watchdog to evaluate privacy concerns surrounding OpenAI’s ChatGPT, the agency told Reuters on Tuesday, as global scrutiny of artificial intelligence (AI) systems intensifies. News of the request by the AEPD came as France’s privacy watchdog CNIL said it was investigating several complaints about ChatGPT and […]

Buoyant Zara Owner Inditex Invests in Tech and U.S. Expansion

Zara owner Inditex’s spring-summer 2023 collection has flown off the shelves over the past six weeks, the fast-fashion retailer said on Wednesday, in a sign that sales are keeping pace after a strong 2022. Inditex has extended its lead over Swedish rival H&M, in part thanks to a less price-sensitive customer base. As the cost […]

European Shares Fall on Sticky Inflation Worries; Uk’s Ocado Slides

European shares fell on Tuesday, with UK’s Ocado sinking after a worse-than-expected full-year loss, while data from France and Spain pointed to inflation being stickier than feared. The continent-wide STOXX 600 index slipped 0.3% in the first hour of trading, after closing sharply higher in the previous session. “Whether it be Spain, France or Germany, […]

Best Places for Digital Nomads: Underrated Cities

We no longer need to confine ourselves to the four walls of an office as modern technology has allowed the working force to operate remotely from anywhere in the world, as long as they have access to a stable Wi-Fi connection. The best places for digital nomads are scattered across the globe.   Those of us […]

UAE, Spain to Bolster Alliance in Industrial and Tech Advances

In alignment with the National Strategy for Industry and Advanced Technology’s (MoIAT) goals to heighten innovation and revolutionize technological adoption, Spain’s Ministry of Industry, Trade, and Tourism (MITT) signed a Memorandum of Understanding (MoU) to establish a robust industrial collaboration with the United Arab Emirate (UAE). The MoU will structure a solid framework to simplify […]